OFCs fan to host seminar at UCCI

| 22/09/2010

(CNS): Professor Walid Hejazi, from the Rotman School of Management, University of Toronto, will be conducting an advanced level financial seminar at the UCCI next month. The seminar, designed for professionals in all sectors of the financial services industry, including those serving in related government agencies, will be offered over a four-day period, beginning 4 October. Professor Hejazi who is an international expert in the areas of macroeconomics and the global economy will explore the role of international financial centres such as the Cayman Islands in a global community.

 
Hejazi has been a vocal supporter of international banking and low-tax jurisdictions. “I have argued in front of Canadian parliamentary committees on three occasions that if the OECD were to shut these international jurisdictions down, it would hurt the global economy and, in particular, the specific economies that are home to the investments,” he said, adding that from a global economic perspective, international financial centres “play a very important role that is very much not understood by many policymakers.”

On the other hand, he noted that the use of these jurisdictions to hide money that "should" be taxed in a home jurisdiction is “out of the scope” of the above comment. He anticipated that the “should” would serve for interesting discussion during the seminar.

The scope of this advanced-level workshop which costs $1800 covers the relationships and impacts of macroeconomics, international financial centres and the global economy. Also explored will be current shifts in the global economy, including emerging economies, and the increasing importance of international financial centres in a changing global financial environment.
 
The agenda will include the role of monetary and fiscal policy and links to financial markets, theories of exchange rate, international trade, and foreign investment.  The underlying causes of the global financial crisis and implications for international financial centres will also be addressed.
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Category: Business

Comments (3)

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  1. Hani says:

    Walid – is truly a great economist with insights and perspectives that rise above many in his domain and as well as among those who think are in his domain..H.

  2. Dele says:

    Walid is a great Economist and it will be a pleasure to attend such a powerful seminar from an expert. 

  3. Anonymous says:

    Hey I hope Mac Bush should attend this and ask the Professor about economics, you know the theory of demand and supply.